E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers R > Headlines for RPM International Inc. > News item
Published on 4/16/2020 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

S&P trims RPM International

S&P said it lowered the issuer and issue-level credit ratings on RPM International Inc. to BBB- from BBB.

The outlook is stable.

“We anticipate that a global economic slowdown in 2020 will dampen demand and earnings at U.S.-based RPM International Inc.'s businesses, especially in certain market segments such as oil and gas, which impact product sales like marine coatings, corrosion control and fireproofing coatings,” S&P said in a news release.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.